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John Wiley & Sons, Inc. - WLY STOCK NEWS

Welcome to our dedicated page for John Wiley & Sons news (Ticker: WLY), a resource for investors and traders seeking the latest updates and insights on John Wiley & Sons stock.

John Wiley & Sons, Inc. (NYSE: WLY) is a globally-renowned provider of academic journals, books, pre- and post-hire assessments, training materials, test preparation resources, and online education program management solutions. Established in 1807, Wiley has been a trusted source of knowledge for over two centuries, playing a pivotal role in the fields of science, technology, medicine, and education. The company boasts a rich heritage, having published works by more than 400 Nobel Laureates across diverse categories including literature, economics, physiology or medicine, physics, chemistry, and peace.

Wiley’s core businesses encompass the publication of scientific, technical, medical, and scholarly journals, encyclopedias, books, and online products and services. Additionally, the company offers professional and trade books, subscription products, training materials, online applications, and educational content for undergraduate and graduate students as well as lifelong learners.

The company is strategically segmented into two primary business units: the Academic segment, which caters to university customers and includes Academic Publishing and University Services, and the Talent segment, which focuses on delivering training, sourcing, and upskilling solutions to corporate clients. Impressively, over 85% of Wiley’s total revenue is derived from digital products and tech-enabled services, underlining the company's adaptability in an increasingly digital world.

Headquartered in Hoboken, New Jersey, Wiley operates globally with significant presences in the U.S., Europe, Asia, Canada, and Australia. The company’s website, accessible at www.wiley.com, provides further insights into its vast array of services and offerings.

In recent news, Academic Partnerships (AP), a company that aids regional public universities in expanding their online programs, has agreed to acquire Wiley University Services. This merger is intended to support over 125 colleges and universities across 40 U.S. states and internationally. By combining efforts, the two entities aim to enhance access to affordable, high-quality, and workforce-relevant online education, particularly for working adults and professionals. This transaction, scheduled to close by early 2024, symbolizes a strategic shift towards a more focused Wiley, leveraging its competitive advantages and market opportunities in research and learning.

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Wiley (NYSE: WLY and WLYB), a leading global publisher and research entity, will announce its fourth quarter and full-year 2024 financial results on June 13, 2024, before the market opens.

The company has scheduled a conference call at 10am ET to discuss these results.

The event will be accessible via a live webcast and presentation slides on Wiley’s Investor Relations website.

For those unable to attend live, an archive of the webcast, presentation, and transcript will be available for one year.

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Wiley (WLY) announced a quarterly cash dividend of $0.35 per share on its Class A and Class B Common Stock, marking the 30th consecutive year of dividend increases. The annual dividend is $1.40 per share. Investors can find more details on Wiley's Q3 2024 earnings and full year outlook in the provided links.
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Wiley (WLY) reports third-quarter results with a revenue of $461 million (-6%) and an operating loss of $46 million. Adjusted results show revenue of $403 million (+1%) and Adjusted EBITDA of $92 million (+1%). Full-year outlook sees adjusted revenue trending towards $1,580 to $1,630 million, with adjusted EBITDA raised to $335 to $355 million and adjusted EPS raised to $2.45 to $2.65.
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Wiley, a leading publisher and research company, will announce its third-quarter 2024 results on March 7, 2024. A conference call is scheduled to discuss the results, with webcast and presentation slides available. Investors can access the information on Wiley's Investor Relations website.
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Wiley, a global leader in research and learning, is hosting an Investor Update to discuss its FY24-26 value creation plan, focusing on reorganization, revenue growth, and margin improvement. The company aims to leverage its competitive advantage, drive scale, and improve operating and capital efficiency to achieve sustained long-term success.
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Academic Partnerships (AP) (NYSE: AP) completes acquisition of Wiley University Services, expanding its reach to over 125 colleges and universities in 40 U.S. states and internationally. The combined company aims to support online degree programs and career-connected education programs, providing additional resources, infrastructure, and technology to serve a diverse student population and improve opportunities for university partners and their students.
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Wiley (NYSE: WLY and WLYB) raised its dividend for the 30th consecutive year in June. The Board of Directors declared a quarterly cash dividend of $0.35 per share, payable on January 11, 2024, to shareholders of record on December 27, 2023. The annual dividend is $1.40 per share.
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Wiley (NYSE: WLY and WLYB) reported second-quarter results with a 4% decline in revenue to $493 million, operating income down 19% to $46 million, and EPS loss of -$0.35. Adjusted revenue was $407 million, EBITDA $92 million, and EPS $0.73. The company's value creation plan includes reorganization, divestment, and cost optimization. Research revenue was down 5%, learning revenue up 7%, and held-for-sale businesses down 17%. The company reaffirms a transition year outlook for fiscal 2024.
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Wiley (NYSE: WLY) will release its second quarter 2024 results on December 6, 2023, followed by a conference call to discuss the results. The live audio webcast and presentation slides will be available on Wiley’s Investor Relations website. US and Canada callers can dial (888) 210-3346 and enter the participant code 2521217#, while International callers can dial (646) 960-0253 and enter the participant code 2521217#.
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Academic Partnerships (NYSE: AP) to Acquire Wiley University Services, Expanding Access to High-Quality Online Education. The acquisition aims to provide universities with additional resources and technology to deliver affordable, workforce-relevant online degree programs, benefitting students and diverse student populations. The transaction is expected to close by early 2024, subject to regulatory approvals and customary closing conditions.
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FAQ

What is the current stock price of John Wiley & Sons (WLY)?

The current stock price of John Wiley & Sons (WLY) is $49.32 as of November 4, 2024.

What is the market cap of John Wiley & Sons (WLY)?

The market cap of John Wiley & Sons (WLY) is approximately 2.7B.

What does John Wiley & Sons, Inc. do?

John Wiley & Sons, Inc. is a leading provider of academic journals, books, assessments, training materials, test prep resources, and online education management solutions.

When was John Wiley & Sons, Inc. founded?

The company was founded in 1807.

Where is John Wiley & Sons, Inc. headquartered?

Wiley's global headquarters are located in Hoboken, New Jersey.

What are the main business segments of Wiley?

Wiley operates through two main segments: the Academic segment, serving university customers, and the Talent segment, focusing on corporate training and upskilling.

How much of Wiley’s revenue comes from digital products?

Over 85% of Wiley's total revenue is derived from digital products and tech-enabled services.

What recent acquisition has Wiley announced?

Academic Partnerships has announced its intention to acquire Wiley University Services, with the transaction expected to close by early 2024.

What is Wiley’s mission?

Wiley is dedicated to unlocking human potential by serving researchers, learners, innovators, and leaders worldwide.

How can I learn more about Wiley?

You can visit their website at www.wiley.com.

Who are the typical clients of Wiley?

Wiley serves universities, corporate clients, and individual learners worldwide.

How does Wiley support online education?

Wiley offers online education program management solutions and partners with institutions to deliver career-connected education programs.

John Wiley & Sons, Inc.

NYSE:WLY

WLY Rankings

WLY Stock Data

2.68B
45.30M
9.53%
90.52%
1.93%
Publishing
Books: Publishing Or Publishing & Printing
Link
United States of America
HOBOKEN